Which of the Following Types of Crowdfunding Involves Soliciting Nonequity

question 41

Multiple Choice

Which of the following types of crowdfunding involves soliciting nonequity funds to finance specific business products and services or requesting donations for a specific purpose?

• A)debt crowdfunding
• B)equity crowdfunding
• C)rewards-based crowdfunding
• D)asset incentive crowdfunding

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Definitions:

Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Innovative Ways

Unique and creative methods to address challenges, solve problems, or improve processes and outcomes.

Problem-Solver

An individual or tool that identifies, analyzes, and provides solutions to problems logically and efficiently.

Plan of Action

A detailed strategy outlining the steps necessary to achieve a specific goal or objective.